Linked by Thom Holwerda on Wed 23rd Jan 2013 22:09 UTC
Apple "Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target, sending its shares down more than 4 percent. The world's largest technology company shipped 47.8 million iPhones, lower than the roughly 50 million that Wall Street analysts had predicted. Sales of the iPad came in at 22.9 million in the fiscal first quarter, about in line with forecasts." I'll leave the financials to the experts, but one thing that stood out to me: Apple sold 4.2 million Macs, almost a million below expectations. How much of a future does desktop computing have at Apple? Update: The NYT/Reuters changed the title during the night. Fixed it.
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RE[6]: Comment by viton
by StephenBeDoper on Fri 25th Jan 2013 23:43 UTC in reply to "RE[5]: Comment by viton"
StephenBeDoper
Member since:
2005-07-06

"
True - though it's a big stretch to interpret that as a claim that "Apple is doomed," even an implied one.


Yes, but I also didn't want to imply Thom was going that far.
"

My mistake then, it looked to me like that was what you were implying - since it was a reply to Thom's comment asking where he'd claimed that Apple was doomed.


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I'm not sure what an "Annalist" is, and I don't think I want to know ;)


Apparently the word exists and that explains why my spellchecker didn't alert me (or even filled in that word). It means:

"a person who writes annals."
"

Ha, figures. I kid only because I've narrowly avoided a similar, but much more embarrassing mistake... Let's just say that I've come very close to telling clients that they were going to be literally billed through their their rear ends (thanks to my bad habit of misspelling the word "annually" & over-zealous autocorrect on mobile devices) ;)

Yes, it took me a while too what they meant.

Still, it's strange this "failing to meet predictions" stuff. If a friend gives you a present each year, each time more expensive, and one (birth)day he gives you the most expensive gift to date, but you expected something even more expensive you are disappointed?

To me it seems a bunch of analyst (ha!) pull some figures from wherever they can, mix in some personal feeling and theories and come up with a figure. Take 10 analysts and their predictions and none are the same. This leeds to believe it's more guesswork than science.


Oh no argument here, I take that as a given. Compared to financial analysts & stock market analysts and forecasters, there are very few professions that are less scientific/evidence-based - and in contrast to their perceived authority... with the possible exception of astrologers. Or as Futurama put it, "After consulting with our top voodoo-economists..."

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